DEQ (delivered ex quay ... named port of destination)
DEQ DELIVERED EX QUAY
(... named port of destination)
Draught(also “Draft”). This is the vertical distance between the waterline and the keel. During construction of a vessel, the marks showing the draught are cut into each side of the stem and sternpost and clearly painted from a certain distance below the light draught to a certain distance below above the loaded draught.
Dirty. This expression is regulary used in tanker freight market reports and refers to fixtures for “dirty” oils, e.g., fuel oil, lubricating oil and crude oil, in contrast with “clean oils”, e.g., gasoline, diesel oil, etc. A “dirty service” is the tanker transportation of crude oil and residual fuels. A “dirty ship” is a tanker which has been carrying crude and heavy persistent oils such as fuel oil. “Dirty ballast” is ballast that is carried in unwashed cargo oil tanks.
Document of title. In modern international trade and shipping this is probably the most important characteristic of the bill of lading. A "document of title" is a document that enables the holder (the person who "possesses" it) to deal with the goods described in it as if he was the owner. "Title" is the right to ownership. "Ownership" can be explained as the right of using, altering, disposing of (that is, selling) and destroying the goods. This "ownership" or "title" can be transferred by a formal transfer of the document, such transfer being an "endorsement" and/or delivery of the document itself.